Manitoba Hydro has reported record consolidated net income, and a new record for out-of-province sales, for the fiscal year ended 31 March 2001. In the company’s fiftieth annual report, earnings from electric and natural gas operations reached US$180M, an increase of 78% on 2000. The increase largely reflected buoyant prices in the electricity export market. Pictured above is Manitoba Hydro’s Seven Sisters generating station on the Winnipeg river, Canada.
